Kirk Mulhearn's (kirkmulhearn) Blog

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Real Estate Broker/Owner - Prudential California Realty/Gem Mortgage

ARCHIVED BLOG POSTS

2008 

Long Beach, Ca.   Today I was informed that Bank of America has arbitrarily decided to charge good customers higher interest rates because of falling FICO scores.  This is an extremely serious situation which could effect thousands of good credit card borrowers.  Please read:  The Credit Card tha...
02/08/2008
Long Beach, Ca.  Every since the middle of last year, I have had countless brokers calling me trying to either off REO bulk packages or attempting to buy them.  I would like to know if anyone of us 70000+ members have had any closings in regard to this market trend.  I don't know about the rest o...
02/08/2008
Long Beach, Ca.  With the recent explosion of youtube and google video, myfeedia and many others formatted video sites, it is inevitable that the real estate business seems to becoming almost a quasi- entertainment business with necessary content quickly and vastly delivered to the entire world! ...
02/07/2008
Long Beach, Ca.  The United States Senate just voted in favor of passing an amended version of H.R. 5140, a $150 billion bill to jumpstart a sluggish economy through giving temporary tax breaks and raising the loan limits on conventional loans from $417,000.00 to $730,000.00.  The bill also incre...
02/07/2008
Long Beach, Ca.  Finally we sport fans have something "interesting to look forward to" regarding sport franchising and stadium building in Downtown Long Beach.  After too many years, Long Beach has finally been offered up to the boards of both USC and NFL.  Jeff Klein who just bought a 65 acre le...
02/03/2008
Long Beach, Ca.  The big debate in Congress right now is not whether to raise loan limits for fannie mae/freddie mac but how much to raise them.  You see if the new bill passes, the new loan limit will be for 125% of the median sales price in a community.  For example, In Orange County, Californi...
02/03/2008
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Kirk Mulhearn

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